What does sinking fund refer to? A. A bond that pays principal amount back in an amortization schedule. B. An option to buy back the bond at a pre-determined price from bondholders. C. A restriction stated in bond indentures regarding issuing dividends to equity holders. D. A bond that is not refundable. Question 11. (0.4 Points) Which of the following corporate bonds are not classified as a High Yield bond? A. Bonds that have non-investment grade at the issuance B. Fallen Angels C. Bonds that have triple B ratings D. Bonds that have double B ratings Question 12. (0.4 Points) Which of the followings is an example of a positive covenant that often appears in corporate indentures? A. Restricting issuing dividends B. Compliance with applicable laws C. Refraining from acquiring a start-up company D. Restrictions on issuing a new debt Question 13. (0.4 Points) Based on the US Bankruptcy law, which of the following bankruptcy lawsuits may end up with the liquidation? A. Chapter 7 B. Chapter 9 C. Chapter 11 D. Chapter 1